The Limited Times

Now you can see non-English news...

Ronaldo's move to Manchester United will save him huge sums in taxes: "Masterpiece" - Walla! sport

2021-09-04T16:23:31.699Z


Not for the first time in his career: in Italy explain why the Portuguese star once again managed to avoid paying taxes, and claim: "His tax considerations precede the sports considerations"


  • sport

  • World football

  • English League

Ronaldo's move to Manchester United will save him huge sums in taxes: "Masterpiece"

Not for the first time in his career: in Italy explain why the Portuguese star once again managed to avoid paying taxes, and claim: "His tax considerations precede the sports considerations"

Tags

  • Cristiano Ronaldo

Walla!

sport

Saturday, 04 September 2021, 19:01 Updated: 19:12

  • Share on Facebook

  • Share on WhatsApp

  • Share on general

  • Share on general

  • Share on Twitter

  • Share on Email

0 comments

  • Summary: Faroe Islands - Israel 4: 0

  • Summary: Bnei Sakhnin - Maccabi Tel Aviv 1: 3

  • Summary: Chile - Brazil 1: 0

  • Summary of all the goals from the fourth round of the World Cup qualifiers

  • Summary: Hapoel Hadera - Maccabi Haifa 0: 0

  • Venezuela - Argentina 3: 1

  • Summary: Hungary - England 4: 0

  • Summary: France - Bosnia 1: 1

  • Israel national team player Eran Zehavi with Beavers Natcho, Dor ...

  • Synopsis: Daniel Medvedev - Riley Opelka 4: 6, 3: 6

  • Paris Saint-Germain president Nasser El Khalafi with Lionel Messi

  • Summary: Italy - Bulgaria 1: 1

Summary: Portugal - Ireland 1: 2 (Cristiano Ronaldo became the biggest scorer of the national team) (Sport 1)

Cristiano Ronaldo's sensational move to Manchester United is stirring England and world football, with the 36-year-old Portuguese star becoming the highest paid footballer in the Premier League - around € 31 million a season.

Now in Italy it is announced that Ronaldo's move from Italian Juventus to England will help him save huge amounts of taxes.



According to the Italian economic newspaper "Il Sole 24 Ore", the Italian equivalent of the "Financial Times", there are good reasons why Ronaldo chose to leave Juventus precisely at this time - beyond the professional sporting decisions.

More on Walla!

Cristiano Ronaldo after breaking Guinness record: "Let's push the numbers forward"

To the full article

Tax considerations before professional considerations?

Ronaldo (Photo: GettyImages, Chris Brunskill)

His economic decisions began when he left Real Madrid and moved from Spain to Juventus in 2018 - and even then he benefited from the Italian government's tax policy, under which he had to pay only 100,000 euros a year from all income from foreign sources (such as sponsorship and various sponsors, A significant percentage of his income, beyond salary from the group).



Now things have worked out perfectly again for Cristiano - the only country where he can get better tax conditions is the UK, thanks to his status as a "Res Non-Dom" - a citizen who works and lives in the UK, but under UK law his permanent home is in another country .

This means that Ronaldo will not have to pay taxes at all on his income from sources outside the UK for seven years.

More on Walla!

Ronaldo: "Returning to Manchester United is the best decision I have made"

To the full article

It happened to him again.

Ronaldo (Photo: Official Website,.)

It should be noted that these are large sums that will be saved for the player, in a course defined by the Italian economic newspaper as "Ronaldo's masterpiece in an attempt to avoid paying taxes".

Recall, against this background in 2019 he reached a plea agreement with the Spanish tax authorities, and paid a fine of 19 million euros.

"The Portuguese star has once again proved he put his tax calculations ahead of sporting considerations," the Italian newspaper wrote of him.

  • Share on Facebook

  • Share on WhatsApp

  • Share on general

  • Share on general

  • Share on Twitter

  • Share on Email

0 comments

Source: walla

All sports articles on 2021-09-04

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.